Memecoin Master Bluntz Predicts a Bullish Path Forward for Dogecoin (DOGE) and Floki (FLOKI)

A crypto veteran who has earned the “Master Trader” rank on the digital asset exchange Bybit is mapping a bullish path forward for top memecoin Dogecoin (DOGE).

A crypto veteran who has ascended to the “Master Trader” rank on the digital asset exchange Bybit is presenting a bullish outlook for top memecoin Dogecoin (DOGE).

The pseudonymous analyst, known as Bluntz, shared his analysis with his 285,600 followers on the social media platform X. According to Bluntz, DOGE is displaying strength across all time frames.

The trader posted a chart indicating that DOGE has broken out of a diagonal resistance that spanned roughly six months.

“Looks to me like doge is sucking liquidity out of the entire meme ecosystem right now.

Nothing looks as bullish to me as doge does on all the timeframes.

DOGE used to do this in altseasons past where it would run hard and nothing else would move.

Definitely having a deja vu moment.”

Bluntz shared another chart suggesting that DOGE could clear its resistance around $0.228.

“DOGE.”

At the time of writing, DOGE is trading at $0.144.

Bluntz is also bullish on another memecoin, Floki (FLOKI). The analyst noted that FLOKI needs to overcome its immediate resistance at $0.00018 to trigger rallies towards its all-time highs.

“Macro ABC on floki looks done with a three month accumulation break inching closer everyday, once it gives way, we’ll be at fresh ATHs fairly quickly imo.

Have added some today to long term non trading bags.”

Bluntz applies the Elliott Wave Theory, which suggests that a bullish asset experiences a new uptrend after completing an ABC correction. Based on the trader's chart, he appears to be anticipating FLOKI to rally towards its fresh record highs of $0.0005.

At the time of writing, FLOKI is valued at $0.000158.

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